This Cloud Company Says It Will Be Worth $10 Billion in Five Years

Informatica, a privately held software developer, said it expects its valuation to double to at least $10 billion in the next five years, driven by investments in big data and cloud computing.

The Redwood City, Calif.-based company was taken private last year by Permira and the Canada Pension Plan Investment Board (CPPIB) for about $5.3 billion. Informatica also has Microsoftmsft and Salesforcecrm as strategic investors.

The company is aiming to go public again in early 2019, chief product officer Amit Walia told Reuters in an interview.

“We have been public for the longest time and for us to go public again is on the cards,” Walia said.

“We have a 50% growth rate in the cloud area … I do not think it will take us long to grow our market share in cloud to a third of the total,” Walia said.

Informatica, which generated over $1 billion in revenue in 2015, plans to invest in startups, beef up its hiring capacity, and invest further in research and development to boost growth.

The company allows startups to use its cloud platform to connect to various customers through a revenue-sharing model.

This exempts startups from paying a huge fee at the beginning and requires them to pay Informatica a share of their revenue as they grow.

“Strategically they are in a good place … in cloud management,” said Patrick Moorhead, an analyst at Moor Insights & Strategy, adding that if the company is successful in this space it will not be a problem for its valuation to double.

Printer Giant Lexmark Just Got Bought Out For Billions

Printer and ink maker Lexmark International is being acquired and taken private.

The company said on Tuesday that a group of investors plans to acquire its business in an all-cash deal worth roughly $3.6 billion. China-based computer hardware company Apex Technology and investment management firm PAG Asia Capital are leading the deal with participation from Legend Capital Management.

After the acquisition closes, which is expected in second half of 2016, Lexmark will part join the ranks of several other former public companies that recently went private including data analytics firm Informatica and cloud software company Cvent.

The acquisition is subject to approval by U.S. regulatory agencies including the Committee on Foreign Investment, which reviews foreign investment deals for possible national security risks. China and “certain other foreign jurisdictions” must approve the deal as well, the company said in an announcement.

The company’s shareholders will get $40.50 for each share they hold, Lexmark said. This represents a 16.8% premium with Lexmark’s shares at $34.66 at the close of the markets.

In October, Lexmark said it was exploring “strategic alternatives to enhance shareholder value.” Tuesday’s announcement came after Reuters reported earlier this month that Apex, which also makes ink cartridges, was interested in buying Lexmark.

The report said that Lexmark’s business had weakened amid a general decline in the personal computer and printing industry. In 2010, Fortuneprofiled Lexmark and asked whether the company was “the printing world’s most eligible bachelor,” or, in other words, likely to hitch up with a bigger suitor.

In recent years, Lexmark has made a big push into business software and digital document management services.